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Ragnaros

Active Private limited companyfounded 2020active for 6 yearsHof ter Bremptstraat 52, 9200 DendermondeKBO/BCE: BE 0741.848.575

Lifetime

6 annual accounts with figures on one time axis
peak €101,382 (2024)
€67,249▼ 33.7%
peak €73,448 (2024)
€48,266▼ 34.3%
peak €80,047 (2024)
€28,313▼ 64.6%
€60,222▲ 12.7%
Board1 name since 2020
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €101,382 to €67,249Result from €73,448 to €48,266Dividend €100,000Equity from €80,047 to €28,313Investments €20,947Cash from €57,777 to €7,814

Key points

from the 2025 annual accounts

Equity

€28,313 ▼ 64.6%
80,0472024+48,266Profit-100,000Dividend28,3132025

Ragnaros paid out €100,000 in dividends. That is 207% of the 2025 profit.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Investments

€6,997 1.6 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Liquidity

0.80 was 3.42 in 2024

Short-term debts rose from €31,743 to €59,022.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 0 to 63 days before the end of the period.

Checked score

89
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

57-28equity 32.0% of total assets
26-65short-term debt 66.7% · cash 8.8%
100=return on assets 54.5%

Score breakdown

raises risk
Founded in 2020
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €88,534
Figures for financial year 2025 (filed on 02-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 32% of them on solvency, 11% on liquidity, 84% on profitability and 10% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Ragnaros has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Ragnaros itself is lower: 0.1% within 12 months. It rests on far more data about Ragnaros than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Ragnaros. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.8 (3.42 in 2024), below 1. Short-term debt is 66.7% and cash 8.8% of total assets. 68% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €88,534
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-07-2026)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
29 days early
2024
on the day
2023
63 days early
2022
18 days early
2021
47 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 31 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AD
Director, since 17-01-2020
  • ABBELOOS Djef Frans Marie-Louise 1,000 sharesdeed of 23-01-2020

Shares in 1 company, EVEREST PINNACLE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0741848575
Registered office moved within Dendermonde New registered office: Hof ter Bremptstraat 52, 9200 Dendermonde · Previous registered office: Hemelstraat 68, 9200 Dendermonde · Gazette deed
Incorporation Founding capital of €1,500, 1,000 shares · Founder: ABBELOOS Djef Frans Marie-Louise (oprichters) · Appointment: ABBELOOS Djef Frans Marie-Louise (director) · published on 23-01-2020 · Gazette deed
First establishment Hof ter Bremptstraat 52, Dendermonde
All 12 events

Comparable companies

same main activity, similar in size and age
Company
Ragnaros Dendermonde €88,534 €67,249 32.0% -
DKS Lokeren €82,474 €67,851 9.4% -
Attina Ghent €92,501 €70,144 59.3% -
TIMESHIFTERS Beveren-Kruibeke-Zwijndrecht €84,661 €66,387 27.3% -
Carolien Redant Aalst €87,389 €63,516 2.9% -
GD+ Ghent €87,869 €65,268 31.5% -
VIA PALAU Lochristi €97,251 €61,803 54.7% -

These companies have the same main activity as Ragnaros: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €82,500 and €97,300, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 21-01-2020Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.298.163.3929200 Dendermonde, since 21-01-2020
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2025

€88,534▼ 33.7%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on Ragnaros

Ragnaros files the micro format. That format states no turnover. The gross margin rose from €47,259 in 2020 to €67,249 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Ragnaros

What is the company number of Ragnaros?
The company number of Ragnaros is 0741.848.575. The VAT number is the same number with BE in front: BE 0741.848.575.
Where is Ragnaros based?
The registered office is at Hof ter Bremptstraat 52, 9200 Dendermonde.Company details
What does Ragnaros do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Ragnaros?
Ragnaros is a private limited company (BV).
When was Ragnaros founded?
Ragnaros was founded on 21-01-2020.
Is Ragnaros still active?
Yes, Ragnaros is an active enterprise in the KBO register.
What is the turnover of Ragnaros?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €67,249 and 120 comparable companies (NACE 70200). It probably lies between €100,000 and €170,000.Financials
Is Ragnaros profitable?
In financial year 2025, Ragnaros made a profit of €48,266.
Where can I find the annual accounts of Ragnaros?
Ragnaros filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ragnaros due?
Ragnaros must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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